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are being silenced. he knows because he says they told him so. hear from him straight ahead. >>steve: a hypocrisy alert. why members from one of the largest labor unions wants to strike against their labor union bosses. >>brian: anna kooiman is in search of honest people. this guy finds a phone on the sidewalk. should he return it? what should you do? "fox & friends" starts now. >>steve: live from studio e in the heart of midtown manhattan where it is two days till spring and yet we are talking about snow. >>brian: when you give the studio a letter, are you concerned there are people in the building who don't know how to find us. >>steve: do you know where studio d is? >>brian: studio d is in wisconsin. that's where we keep our acapella group. that's where we keep our orchestra. >>steve: it used to be so simple when you used to have two or three -- >> i don't know them by the letters anymore. i know shepherd studio, "fox & friends" studio. >>steve: of course today it is the aingely earhart studio. >> let's get to the headlines. a terrifying scene -- this is in an indiana neighborhood
. the latest on this development. >>steve: mayor michael bloomberg's latest health push. take away the cigarettes and put them so nobody can see them. we'll give you details. >>brian: it will take a ski buddy to tame the tiger. tiger woods going public about his relationship with lindsey vonn. wait until you see what else the couple is revealing. >>steve: hillary's e-mail? >>brian: "fox & friends" starts now. >>steve: great job, shepherd smith. beautiful. i hope you've been watching over the last couple of hours, the fox news coverage of the installation of the pope has been fantastic. >> i feel like i've been to mass this morning. an historic day for the billions of catholics and the world. the new pontiff installation mass just ended moments ago in a packed st. peter's square. >>steve: fox news contributor jonathan morris joins us live from rome. >>brian: does this remind you of pope benedict? >> yes and no. yes because it is the same faith, yes because it is the same teaching. pope francis has a simple way about him. he's like a simple parish priest. although he's speaking to, i
connect the tragedy to the sequester? marines are reacting. >>steve: white house tours are canceled for all of us, and pink slips are out and the sequester has everybody scared except the white house. their budget for a st. patrick's party untouched, and wait until you see who was inviteed to that party last night that you weren't invited to. >>brian: we're irish. we would have qualified. a proud dad posted this picture of his son who passed a hunter safety course. next thing you know cops are raiding his home demanding to see his gun. that boy, his dad, live at the top of the hour. "fox & friends" starts now. ♪ >>alisyn: almost freezing today at 6:01. >>steve: within the next hour we're going to flip over to spring officially. the vernal equinox before 7:00 eastern time here in new york city where it is 33 degrees in the canyon of concrete. >>alisyn: at some point the earth has to spin towards the sun; isn't that right? >>brian: the earth where we're on? >>alisyn: this part of earth, doesn't it have to get warmer? >>steve: it does. it's called summer. it's coming. we're in winter
now taking his latest crackdown to the rest of the country. we'll tell but that. >>steve: after a week of outrage, cbs apologizing for slapping our veterans in the face of one of their most popular shows. too little too late. we're going to report. you are going to decide on the not so amazing race. >>brian: one lucky trucker hits the $338 million powerball jackpot. the other big winner is uncle sam. wait till you hear how much the $338 million jackpot breaks down after they pay taxes. "fox & friends" starts now. >>steve: welcome back to the studio. look who's back after a long vacation. >>gretchen: i knew that rooster called this morning. >>brian: is that how you got up? >>gretchen: i didn't sleep that much. i'm on a three-hour time delay. but glad to be back. nice to come back to a snowstorm on the east coast. >>brian: did you get my promo this morning? >>gretchen: i saw your lips moving and if i was reading lips correctly, i thought i heard you say? >>brian: gretchen carlson will debut her entire vacation picture by picture day by day. >>gretchen: i believe 7:30 eastern time i broug
're live at the scene of the attack. >>steve: you already pay their salaries and now you're paying their taxes as well. we're talking about the thousands of government federal employees dodging the i.r.s. should they be fired? we've got an update on that this morning. >>brian: you think a woman's cheating husband would get the message. after she uses a billboard for revenge. but the best part is how she paid for it. look at that. "fox & friends" starts right gnaw. >>steve: welcome to march madness live here on the "fox & friends" set. >>alisyn: good to be with you all. >>steve: the president is out of the country, 50-hour sprint in israel. we have a situation where a lot of you are saying it is so cold here, i can't wait for vacation. we have a great segment in about 20 minutes. we have the founders and c.e.o. of 14 sandals, three beaches. wouldn't they like to see alisoe just as a token. we might have a beaches bureau. >>alisyn: let's do it. i volunteer. let's talk about the middle east. the president is making his first trip to israel since becoming president and there's a lot of
in with a safety plan to safeguard russian deposits in cyprus. steve sedgwick is in moscow where he caught up with the finance minister there an hour or so ago. steve? >> they turned to russians once again. there's a loan on the table from russians dating back from 2011 so it's not the exception to it the rule for the cypriots to turn to the russians. the russians themselves are indignant they weren't brought into talks. let's hear what he had to say earlier on about the state of the current talks. >> first meeting very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we hope we will get some support from russia. >> in terms of that support, are we talking about a change of terms for the current existing 2.5 billion euro loan and an extension of 5 billion loan in addition to that? >> we are talking about things beyond that. >> in what way would this be beyond that? >> we don't know. we don't know yet. we don't have any details. we just continue the discussions and they're waiting for us now t
gorgeous. >> steve paulson how is it looking? >> some changes but we are running out of time for rain. there could be something near the end of the week but it looks like it's going to southern california today. high clouds. patchy clouds. highs today 50s and 60s and low 70s. here is sal. >>> steve, good morning. traffic is doing pretty well. there is road work out there. we're looking at highway 101 if you are driving through you can see traffic looking good approaching the 80 split. s a this morning we are looking at the commute on interstate 880 northbound near high street. you still might see flashing lights as a result of some of the road work there. although traffic is getting by in all the open lanes. let's go back to the desk. >> in over night news three people are in custody after a wild high speed chase in oakland. officers say it may be connected to a drive by shooting that injured an innocent bystander. tara moriarty is in hayward this morning. >> reporter: police say this is where it all began where a drive by shooting happened yesterday afternoon. it wasn't until hours l
relations at johns hopkins university. and my guest here with me throughout the show, steve forbes, editor in chief and cnbc contributor judd gregg, former republican senator from new hampshire. welcome, gentlemen. don jensen, let me go to you. how fanciful is this story? this thing keeps popping up. gas program is going to go in, take over the banks, restructure them, save their own money launderers, save their own russian money and take over the cyprus natural gas fields. that is one hell of a deal. i ask you, is that possible, is it plausible? >> it's very plausible. in fact, it's a good scenario. larry, gas prom can buy the whole island. and people always joke that there are so many russian shell companies in cyprus that it's virtually already a part of the russian federation. >> so let me ask you the question du jour or the question du nui tonight, is it odd that russia that bails out the world financial markets? i find this to be utterly incredible. >> well, you have to realize, too, when russian oil garbages and organized crime figures send their money abroad, they like a nice, reli
's incentive. >> go to-- we got free lunch and that's po pork. >> brenda: and okay. steve, go ahead, weigh in on this? >> it's far worse than anything you guys are talking about here. it's not the political press. with a few notable exceptions, nobody in washington cares about the taxpayers. that's the problem here. listen,voters want to get rid of all this. they say it over and over again and if it takes a few senators want to do this, they insist on doing it, they insist on these things being included, all it takes is somebody to say no. >> oh. >> brenda: gary b, gary b is dying to get in here. go ahead. >> well, i don't agree, i don't agree with steve because he says the voters want to get rid of it and it's kind of like the not in my back yard. only the flip side. they want to get rid of it unless my gosh, you're going to take away that bridge or that pork you're going to build in my neighborhood. forget it. and that's-- you're wrong with that. >> you are wrong about that. tom coburn got elected saying i'm not doing anything for oklahoma. >> that was oklahoma. >> why do we have a balan
light there. right through downtown san jose. 4:37 let's go back to steve. >> thank you, sir. we have a lot of high clouds. low clouds. another little weak system coming through. it will send in mostly sunny, partly cloudy skies today. there is another system coming in behind that. temperatures back off a little bit. the high pressure system i think it's strong enough to give us a decent day but a cooler week ahead as the stronger system toward the end of the week. you can see we start off partly cloudy skies. i think we will end upmostly sunny. 40s and 50s on the temps. a couple upper 30s there. i guess so. that's what it says in novato scene napa. mainly 40s and 50s. not much to this system expect a lot of high clouds. patchy low clouds coming in parts of the bay. 50s, 60s, and also 70s. antioch 72. a little bit cooler coast and bay. kind of a lot of high clouds. low clouds through most of the week. a stronger system will move in. increasing clouds thursday and friday. weekend looks cloudy to mostly cloudy. >>> is a powerful snowstorm i
, thank you for waking up with us this wednesday more march 20th, i am pam cook. >> did steve tell you to grab an umbrella? >> i did yes, and it started yesterday afternoon just like he said. there you go. >> there you go, both of you are correct, it started yesterday and continues this morning, this is kind of hit and miss and we have it trying to move into the north bay and mostly cloudy skies 50s and 60s, here is sal. >>> good morning, a lot more crashes this morning some serious and some fender benders and you can see it is crowded but not stop and go and also the commute looks good on northbound 101 in san francisco, let's go back to the desk. >>> we are finding developing news on bethel island where firefighters have put out a fire which has burned two homes. you can see a very active scene on taylor road on bethel island which started around 2:30 a.m. and it has burned two homes and some downed power lines made it difficult to access that fire and a passersby alerted one homeowner to the flames. >> i was sleeping and somebody was banging downstairs and i went out and i found my
has been struck for a loan. i think we have steve on the phone from moscow. stay there for one second. steve, you just left this meeting where we are potentially looking for cyprus to maybe get some kind of deal here from the russians to help solve their debt problem. sounds like they are coming away empty handed. >> absolutely. there are more talks ongoing. i caught a couple of words with him as he was walking out. as you rightly quoted he said talks were constructive. they were ongoing. he told me he was on his way to a different location and that there would be more talks ongoing that have been constructive and then i asked him very specifically about the loan agreement that had been agreed between russia and cyprus in 2011, that's a 2.5 billion euro loan, 4 1/2 year loan. there were question marks in the press about whether this would be a loan which would be extended in terms of term and interest rates lessened. he said to me in response to my question about that loan we are looking beyond that. i'm not sure if we're looking at an extension of loan. people talked about a 5 billio
had to be named steve to be on the panel today for the most part. steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed. what happened? >> i think the market's assessing the size versus what it represents. what we have in cyprus right now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds?
, obviously three developing stories and we're going to cue you in on all of them right now. the fed, steve liesman is in washington. russia's financial overtures toward cyprus. steve is live in moscow and then there's cyprus and the impact there on the rest of europe and the globe. michelle caruso-cabrera has made the trek to that small island nation that is right now ground zero for europe's financial problems. michelle? >> reporter: hi there, tyler. the latest is the president says he's going to meet with parliament tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try t
weather and traffic. i'm glad to see steve paulson back. >> i'm glad to be back too. >> feeling a bit better. >> i know. we do have a lot of high clouds spilling over us today. it will not be as nice as the weekend. pam and dave told me it was a very nice weekend. [ laughter ] i had to take their word for it. i didn't see much of it. today 50s and 60s and low 70s. here is sal. >>> right now we are looking at 880 as you drive through the traffic does look good as you get up to the downtown oakland area. also we are looking at westbound bay bridge. that traffic is moving along very nicely at the toll plaza. it's 5:00 let's go back to the desk. >>> over night news a car involved in a high speed chase through alameda county might be connected to a shooting in hayward. ktvu channel 2 reporter tara moriarty joins us from hayward with more on this possible connection. tara. >> reporter: this is where police say that an innocent bystander could have been killed in a drive by shooting. right now police are looking at surveillance video from that gas station to see if it provides more clues. au
and 580 in oakland are looking good. let's go to steve. >> sal, thank you. a lot of high clouds streaming in. very weak system falling apart. the majority will stay to the north. it will spin in fog and low clouds. mainly patchy. sonoma county airport says fog. a lot of high clouds. ridge of high pressure nudging eastward. and definitely an on shore breeze for most. travis, fairfield has a west at 16. west at oakland. west at sfo. a lot of high, mid level clouds. 30s and 40s and 50s on the temps. the wind direction. there is fairfield at 16. sfo west at 7. oakland airport west at 8. it's more of an on shore breeze. again this is a weak and dying system. storm track continues to stay north of us. not much changing until the weekend. we'll see. mostly sunny today. high clouds. a little cooler with that on shore breeze in place. mostly sunny and partly cloudy. they will boot scoot out of here. 60s on the temps or 50s. 50s or 60s or very low 70s. 66 redwood city. 65 fremont. santa cruz 64. partly cloudy on tuesday and mostly sunny wedne
back up. northbound 280 at the 880 interchange traffic here looks okay. let's go to steve. >>> we have a little bit of cloud cover and this is mostly about a third and there is a little bit higher and it looks like breaks in the clouds and it is still cloudy to mostly cloudy and it will be a cloudy mild morning turning more showery in nature later on. the mere fact that it made it, the systems didn't mean much since january and today looks like a lot of cloud cover and again some cloud cover and it is not widespread, nothing too heavy, mostly cloudy, mild and muggy and there is a lot of clouds on the southwest and it is a little bit juiced up and occasionally 50s. i have to cough again. i apologize, this thing came back. 52 san jose and mountain view and that's the cloud cover streaming and that's why it is so cloudy. maybe you want to take a morning run, why not, cool to mild -- can we start this over again, 50s and 60s on the temperatures upper 50s closer to the coast, maybe some patchy fog and it is getting warmer and friday and saturday looks
weather and traffic. you're the ktvu doctor you're supposed to make steve paulson feel absolutely well. >> he doesn't always listen to me. >> we do have a little change today. it will still be partly sunny, mostly sunny but a lot of high clouds streaming in and a westerly breeze and that system is moving to the north. it will increase low clouds. 50s and 60s. a couple holding on to low 70s. here is sal. >>> good morning. traffic is moving along pretty well on southbound 101 as you head down to the toll plaza, golden gate bridge. no major problems there. the morning commute is looking good if you are driving at the bay bridge but we're seeing signs the metering lights could be on soon. let's go back to the desk. >>> topping our news is ore night news car involved in a high speed chase through alameda county might be connected to a shooting in hay ward. our cameras caught the chase on 880 late last night. people in the cars were throwing things out ton to the freeway but never found those things. when the car continued on 580 it lost control. spun out minutes later and officers did find
:'09 let's go -- 6:09 let's go to steve. >>> clouds streaming in. majority of it is going to the north. patchy low clouds and on shore breeze and higher clouds mean a little bit cooler day today. temperatures yesterday with lots of sunshine coming down about two to four degrees today with that westerly breeze and a lot of the higher clouds it does look like a cooler week ahead. san francisco yesterday 60. average this time of year 62. patchy clouds chilly to mild. high clouds. a west wind in place. 40s for some. 30s for others. novato 37. napa at 39. 46 san jose. 50 right at oakland and also at hayward. but that west wind for most locations west, west southwest fairfield 16 miles an hour. oakland sfo west at 7. 27 now in tahoe. 33 eureka. 30s, 40s, and 50s down in southern california. springfield, illinois 18 inches of snow. greatest amount ever for a calendar day. you tell those folks it's spring they are still digging out. as long as that pattern remaps locked in to the east, i don't see much changing. there is signs or hints of a system comi
.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they making the situation worse? >> not politically. if tomorrow you wake up and you find there is a 10% tax on your bank deposits, you will not be happy. if you're a politicianin cyprus you're dealing with this and they're bank backing away from it. it was a bad idea in the first place. cyprus needs $10 billion from the european union and the european central bank and they have given others like greece hundreds of billions of dollars. they're upset. the cypriot banks are insolvent. they're going, they will get a run. melissa: they are insolvent and they will get a run, yeah. >> but it's notot cyprus's fault in my view. melissa: doesn't matter whose fault it is if
. the idea this could happen here is still a haunting one, one that will be addressed by steve forbes in this hour. steve forbes, "forbes" media chairman and editor-in-chief weighs in. shibani: we'll look forward to that. after hurricane sandy ravaged downtown manhattan signs of spring are emerging not necessarily in the weather but the housing market. real estate sales in the area sky vapering -- skyscrapering high. this developer had 600 million in sales this month alone. can you believe the commission on that. david: resilience lower manhattan never ends. stocks pushing higher, bouncing back from the biggest drop in nearly a month on the expectations cyprus will reach some kind of a deal over the weekend but today's gains came up post posting a weekly loss, a weekly loss. today woos good. the dow falling into the red for the first time in five weeks, while the nasdaq and s&p 500 snapped three straight weeks of gains. consumer step peltz and telecom were this week's top performing s&p sectors. >>> natural gas falling into the red but closed the week higher. prices rose more than 1%
in the u.s. it's part of paul's on-going reporting "making sense of financial news." >> that's steve and barrie boehne, they're the leading force in tandem. look at the grace. >> reporter: now what, you may ask, could a surfing star of the 1970s have to do with economics in 2013? >> isn't that great! >> reporter: well, steve boehne's life in the surf, which began at age 12 here in dana point, california, has involved shredding the waves, since 1958, on boards of his own invention. he's the founder and still maker and seller of legendary high end infinity surfboards. >> paul, you can use my board any time. >> reporter: even if his heavy lifting days are over. isn't this kind of a large surfboard? >> yeah, this is bigger than normal. it's a standup surfboard. it's become popular in the last five years. and a lot of the older guys really embraced it at first, because it's a little bit easier because you're already standing up. >> reporter: but these days, boehne's got a bigger problem than gnarly knees. >> 95% of the boards being sold in the world weren't made by us in california who st
bernanke speaking today. our steve liesman says you might want to listen to what another person from the fed is saying. steve, what's that all about? >> sue, i want to talk in just a second about new york fed president bill dudley, talk more directly about monetary policy. first a word on fed chairman ben bernanke. he's speaking in london with mevvin king, outgoing head of the monetary policy committee there. he broadly supported all the global monetary policy easing for central banks around the world, say k effectively it was not currency. here's what he said. >> because stronger growth in each economy -- these policies are not -- rather they are positive sum enrich thiy neighbr actions. >> what he's saying is what japan is doing is okay. new york fed president bill dudley, he had some very strong words for critics of the federal reserve who say that the fed is potentially going to be losing money through its current quantitative easing policy. let's give a listen to his comments today at the new york economic club. >> the fed is a central bank, not an asset management company. our
a news conference and steve liesman will join us with the exclusive findings of the cnbc fed survey, coming up at the top of the next hour. the other big global market this morning continues to be cyprus. the parliament there is expected to reject the attacks on bank deposits. the decision would effect hely block a bailout and push the island nation closer to a debt default and banking collapse. it is possible the vote today won't happen if leaders are sure it will be rejected. as for the global markets this morning, the major equity indexes closing lower yesterday, in large part because of fears about that cyprus bailout plan. and it's on track to post its best numbers of the year. >> the biggest corporate headline this morning is a weird one. lululemon is pulling shipments of some women's yoga pants from its stores. the athletic clothing store says the move is going to hurt its bottom line. they had an unacceptable level of sheerness, so you could see through them a little bit too much. that's the problem. the decision to pull the pants will be lead to go a shortage of its black w
. steve sedgwick is there and asked a question of the two leaders. >> are we proving time and time again in europe that we're not understanding the russian national interest over issues such as cyprus, over issues such as trade in wto, energy and elsewhere? >> i believe i understand the position of russia. i believe why russia has that position, but we have another perception and reality. the question is, is this a real obstacle for achieving progress? for instance, we have discussed today here for trade, investment, energy to mobility. i don't think it is. >> and michelle caruso cabrera will join us with more in the next hour. >> customers, by the way, are finally going to be able to get their hands on the blb 10 today. jackie deangelis has more on this debut. jackie, i know joe is a skeptic now that he's a new i tone -- >> my life is so enriched. >> but i am still completely reliant on this thing. this one doesn't even have the real keyboard, right? >> right. and you make a really good point. a lot of people are still relying on the blackberry. it does go on sale at at&t here today. i
. steve sedgwick is calling in on the line from moscow. steve, russia is happy to stand pat while cyprus try toes come up with a solution. >> what we're going to get is an announcement from the european commission and the russian federation. this is looking at a whole host of longer term issue between the european union and is russia. the relationship needs a reboost after disagreements over syria, over trade, over the wto, over human rights and now, of course, most aggressively of cyprus, as well. what i'm fascinated to see -- and i'm in the lockdown, as well, i mention inside the reception house of the russian federation, i'm in a lockdown ahead of that press conference between mr. barroso and mr. medvedev. i want to see how that reboot looks. is it a reboot in name only or is it meaningful? they would prove that it's meaningful by including a solution to the cyprus crisis, including not only the troika, but the russian federation. that's is where mr. medvedev saying russian interests should have been thought about. mr. barroso saying no of the on governments were talked about friday i
" word, recession. steve liesman has more details on that. hi, steve. >> thanks very much, sue. we're here with the growth forecast from our 54 respondents. first i'll show you what the gdp -- i guess we're going to do the recession here first. you can see back in september 2011, when we're dealing with debt ceiling, the probability of recession by this group, 36%, fell to a low of 19% around the winter of 2012. remember when everything was being looking good, it dipped down again. the probability of recession went up again. now it's fallen again for the second straight month. 2011, 17.6%. not quite off the charts because we still have room here but it's the lowest that we've seen since we began asking this question. i don't know if we have the growth forecast chart here, guys, if we can go back to that. here are the actuals. year over year gdp, 2.6, 1.8, lackluster and picking up to a lackluster not great 2.6%. i want to share with you some views of the economy from our 54 respo respondents. firming housing prices are a game changer. there is something much more self-feeding about
than expected with $17 million. steve carell's flopped with just $10 million, one of the worst days ever for the comedian. >>> anderson cooper was honored this weekend and celebrated by planting a big, awkward kiss on madonna. the material girl presented the award to cooper dressed as a boy scout in protest of the organization's ban on gay members. that was clumsy. >>> finally, the "forbes" list of most influential celeb rights is out. steven spielberg, ron howard, and george lucas. the number one went to none other than oprah winfrey. there was a lot of talk about her channel not doing so well at first but it's grown steadily, up. >> she changed the strategy. >> changed a little bit, still big books. >>> we want to tell you about a new addition to the family. veranda de la cruz gave bird to a beautiful baby boy. veronica tells us she and baby hart are doing just great. "way too early" starts right now. >>> they talk about rebranding the gop. instead of restoring the trust of the american people. we're not here to rebrand the party. we're here to rebuild a country. we're not here to
signs and perhaps some comments on what's going on in europe, too. steve describes what is on top of the agenda today. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> fed chairman ben bernanke will be speaking later. >> have we really learned our lessons from the crisis? joining us now to talk about that more, steve leisman. >> it is argued that the world is not really in the middle of a currency war. and he distinguished betwee
york stock exchange. steve liesman is at the bernanke conference in the room there. is that it? that's all the people we could bring in here? mark, you've been sitting here with us. what did you make of what you heard today and the market response? >> i thought narcotmarket respos very good, bill. and i commend the committee. i think they're doing a phenomenal job at this point in time, really. investor sentiment is rising. as long as unemployment remains above 6.5%, i think the fed will do everything to provide accommodative policy. their mandate is to get the unemployment rate below 6.5%, and i think investors, overall, at least my clients and i sense that of other clients, they're feeling really good about the risk assets right now, versus, you know, what might be going on in the economy. >> right. but i guess, kenny palkari, you've been watching the story from the floor there. what kind of flow did you see as bernanke was talking? is there any feeling that anything changes for the foreseeable future? >> no, there is not. and you know, we've actually been talking about this for a
there a little bit about cyprus. does it matter, do we care or not? will we get a deal? checking it out. steve sedgwick in moscow earlier today. russia's been a big player in this drama but our international correspondent, chief international correspondent michelle caruso-cabrera is in cyprus for us now. michelle? >> reporter: tyler, the situation in cyprus is incredibly unclear and increasingly chaotic. the parliament of this country was supposed to vote ten hours ago to pass a law that would allow them to restructure the banks. we're still waiting. it's unclear if they are going to vote today at all. at the same time we're getting reports that maybe the european union is going to demand even more from this country. hours ago we were told by the leader -- the head of the leading party that they were extremely close to a deal and yet we still wait. the same time it's growing increasingly chaotic in this country's economy because the banks are still closed. they have been closed for seven days now. it looks like they will be closed for at least ten days. that means people running businesses can
's quarterly results and guidance perhaps a little bit disappointing. let's get back to our guest host steve romack for the last words. you like aon. it's one of the larger positions. >> only 20% comes from the u.s. of the revenue -- is that what you said? >> 20% of the companies that we hold. 20% are domiciled in the u.s. and 50% come from overseas and a lot of the things we're finding lately have been a special situation. we were long renault and short nissan because we were able to create the stub at a negative $5 billion euro valuation with the company that has great balance sheet and cash flowing positive and we're long vodafone and short verizon because vodafone owns 45% of verizon wireless and verizon owns 55%. we were creating the stub at a pretty inexpensive price. >> anything else that you like? >> you don't like the consumer. >> we're cautious. we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you'
50%. melissa: he is a brave guy. cyprus scrambling to save its banking system. steve moore of the "wall street journal" is here with that next. >> despite the concerns of cyprus, stocks are higher. the dow just about ten points off session highs. take a look at the names leading the charge. ♪ . .. today is gonna be an impoant day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. some of the world's siemens. answers.bines uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hebaby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sai
. steve hayes, senior writer for the "weekly standard." juan williams, columnist with the hill. syndicated columnist charles krauthammer. he didn't say unconditional negotiations. it sounded like he was headed that way. >> as the statement you just showed one of the most important ever made by a president of the united states about arab-israeli peace. what essentially you said to the palestinians and the world is settlements are a problem. but the main issue is israeli security and palestinian statehood. if you can achieve that. in other words, if you get peace between palestinian state and jewish state you draw the line. everybody understands when the line is drawn between the territories, israeli settlements -- the israeli settlement on the palestinian side will all be evacuated. so he is saying the problem will be solved if there is a peace agreement. it's not an obstacle. because as in gaza, all the settlements were removed. there will not be settlements or jews on the palestinian side of the line. this is a way to truly undercut the palestinian argument. and this is what abbas has bee
administration is giving them. questions? lots of questions. steve, bad timing or is it? >> we've been doing this for years and years, i don't know if timing is the issue, you actually got it right, reason we give money to egypt and palestinians. this is a bribe, we say we'll give you money if you don't invade israel. but at a time with big cuts and programs that people care about, i was writing today about impending cuts in air traffic control system that will cause havoc in the airports, people are saying, why are you cunning this not that. neil: that sounds unreasonable. >> ier in heard that before. e never heard this before. >> the question, 300 million is last year's money. that money was -- >> use that to keep the white house open. >> that was frozen by congress, and quietly, unfrozen, is the word they are using. and obama seeking 200 million already appropriated this year from pot that says 440 million, so we're walking around throwing out money, like little christmas goodies every time john ke kerrr barack obama visits a place. neil: you can see how americans are seeing this even fed
. it was a growth stock. it missed the quarter. quarters matter and andy grove, they went toe to toe with steve jobs in walter eisen's book, but the quarterly increment, and it is a fair way to judge everybody. >> best book ever. >> apple's failed that test of the quarterly report. >> all right. coming up, is a yoga pants crisis coming? lululemon recalling pants that are too sheer. picture this. now there could be a shortage in the price of yogawear, what might that mean for the stock? we'll talk about that and tight, sheer, yoga pants, melissa. >> lulugetton. . you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. falling. falling. it is recalling some of its yoga pants because of their sheerness. the move affects 17% of the bottoms it has in stock and lululemon is offering full refunds to customers. one analyst points out t
of a bounce, i don't see much selling off. >> all right. dead money. steve, what about you? you worry about this sales stumble? >> bill, i really do. i will tell you, the way oracle talked about its sales force, i don't think that those folks today are playing hooky from work and watching the ncaa tournament. i think they're making a lot of calls today. >> you think? >> but i don't know that it's just oracle-specific. i think it might be broader and more about technology capex spending. if you look about a month ago, we saw the purer cloud plays, and oracle is struggling right now in the cloud, but the purer cloud plays, companies like rack space, they dipped down about a month ago. now we're seeing the bigger, older tech giants like oracle, like cisco, for instance, start to similarly trail off. i think it is a sign that the global economy is weak, and companies, while they are very profitable, they are not reinvesting those profits into capex spending, whether it be in technology or elsewhere. so i think it's troubling for technology as a whole. >> wait a minute, are you guys agreeing wit
. the secretary pushing iraq leaders to end sectarian violence. steve is joining us live from washington with more on this story. >> reporter: the central issue here is whether iraq's president the prime minister, that is, a she'ite muslim is helping to support the assad regime in syria. now, secretary kerry met with iraqi president nouri al-maliki during a visit in baghdad today. those iranian flights were at the top of the agenda. they had what kerry described as a spirited discussion. here is the secretary. >> anything that supports president assad is problematic and you i made it very clear to the prime minister that the overflights from iran are in fact helping to sustain president assad and his regime. >> reporter: the u.s. believes the iranian aircraft flying over iraq are carrying weapons to arm the syrian government but tehran says they are delivering only humanitarian aid there. they wanted to force the planes for inspections but only a few have been checked. >> i think the intent here by going public is to increase the pressure on al-maliki but the whole incident how minimal influence i
of a story if indeed it is true. steve hayes, thank you for your time. >> thank you, bill. bill: heather. heather: an 11th hour challenge by postal workers. a nationwide protest. what employees say the best option is and not ending saturday service. bill: how young is too young to feed your baby solid food? the cdc is out with a warning every parent needs to hear. bill: cleanup crews tearing down two homes destroyed when a plane crashed into them. about 250 people lived in the neighborhood forced out of their homes. the crash badly damaged a third home. two men killed in the accident, including steve davis. and steve davis is former star quarterback at the university of oklahoma. he led the team to national championships in 1974 and 1975. heather: so there's a new warning out for parents of newborns. a study just out says more and more mothers, they appear to be feeding their baby solid food way too soon. now the centers for disease control says that that could lead to serious health problems later on. dr. richard fershein is joins us now hope fully to clear some of this because there is
that apple is at risk of having a dusty product? >> well, i think you have to separate two things. steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and the good thing about an cell they have a great ecosystem in i tunes. i have over 1,000 songs and books and movies in there so that kind of keeps me locked in so i'm probably not going to be able to move to a samsung phone, but in emerging market countries where you're buying your first phone, don't forget, apple's total share of the handset business is 8%. so the other 92% that have other phones, you know, they may move to samsung and apple may lose out on those future sales and that's -- whether it's a du
and possibly steve cohen but that may not be the case. here's charlie. >> kind of interesting what we at the fox business network has learned from sources close to the government investigation to insider trading that a slew, that is how it has been described as, a slew of new cases are likely to come and i think they're coming from the civil side. so this is an. sec investigation, these are sec cases, coming in the next couple weeks involving inside trading. we don't have names. we don't have people. we do know one thing. what we've been told is that this does not involve sac capital and steve cohen. that regulators still have a very tough time making a case against the sac chairman, ceo and the company as you know just, asac just settled a case, sac settled the case with the sec recently. but here's what we do know. more cases are on the way. as i've been reporting in the past this destination was supposed to be sort of winding down but they do have more cases in the pipeline and we're supposed to see those cases. they don't involve sac. they don't involve cohen but we're supposed to
of israel in the history of the relationship and to steve's point, let's be clear, the reason israelis end up expecting american presidents to quote/unquote love them is because barack obama's two immediate predecessors did precisely that! bill clinton was in love with the idea of israel. he wrote in his memoirs about rabin "i loved rabin as i've love nod other man." and george w. bush, with all the frustrations with ariel sharon was enamored with him as well. so obama inherited a high bar and, frankly, didn't make his own situation any better. he is not an emoter in chief. he has a tough time connecting so that's point number one, number two, this is a down payment trip. this is not a trip to reassure netanyahu on the palestinian issue or on iran because i don't think there's a way, frankly, to reassure anybody on either of these issues because we don't have an answer to either of them and neither do the israelis. >> rose: so therefore what can netanyahu do for the president? >> it's a really good question? i would argue on the iranian issue the prime minister has to give the president th
experts polls for the latest cnbc federal reserve survey seems to think. senior economics reporter steve liesman is breaking it all down for us. steve, what have you got? >> interesting results from our cnbc fed survey. 54 economists, fund managers, and analysts chiming in with their responses to our questions. first thing we want to show you their response on expected quantitative easing. this was their response in our january survey. looking for $680 billion of qe this year. now $17 billion. they added like another month. they're still below the pace of the fed. the fed buying at $85 billion. but they also lengthened out the timeline of the federal reserve, as you'll see in the next chart here. this is when they thought they were going to stop qe, in november of 2013. that was in our january survey. and now, all the way over here, they've added about six months that they think qe will be going on for. however, they do believe the fed will taper those purchases. that tapering, originally, we thought, was going to start in december of 2013. and now they've moved that ahead again. now it'
to steve centanni who is in hagerstown, maryland. what's the situation on the roads now? it looks better. >> it was s. a little bit better it was a nightmare this morning. let me tell you. folks around here wondering whatever happened to springtime. i'm standing right by i-70 which this storm pretty much followed from west to east over the past several days. take a look at the traffic situation right now. not too bad as i said. but the storm began in colorado, came all the way across illinois. missouri, parts of ohio and now the east coast. kind of like a long haul trucker carrying a load of weather trouble. right here in the d.c. area, western maryland, schools had to be closed. there were a rash of traffic accidents. and a scattering of power outages. but maryland state police here say things could have been worse. listen. >> this particular storm came in quickly. fortunately we got the good media coverage and alerted everybody about it they saw the problems that were in the midwest. traffic today on the interstates is much lighter than it normally is for a monday. >> and we did have a
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